Greenlife Hydropower is developing the 40 MW Khani Khola-1 Hydropower Project on the Khani Khola river in Dolakha, Nepal. The project involves a headrace tunnel, underground powerhouse, and will generate an estimated 229.5 GWh of electricity annually once completed. The total project cost is 639.38 crore Nepali rupees. Construction is over 90% complete with commissioning planned for September 2019. The company is issuing initial public offerings totaling 36 crore rupees to raise additional capital and involve local communities in project ownership.
Greenlife Hydropower is developing the 40 MW Khani Khola-1 Hydropower Project on the Khani Khola river in Dolakha, Nepal. The project involves a headrace tunnel, underground powerhouse, and will generate an estimated 229.5 GWh of electricity annually once completed. The total project cost is 639.38 crore Nepali rupees. Construction is over 90% complete with commissioning planned for September 2019. The company is issuing initial public offerings totaling 36 crore rupees to raise additional capital and involve local communities in project ownership.
Greenlife Hydropower is developing the 40 MW Khani Khola-1 Hydropower Project on the Khani Khola river in Dolakha, Nepal. The project involves a headrace tunnel, underground powerhouse, and will generate an estimated 229.5 GWh of electricity annually once completed. The total project cost is 639.38 crore Nepali rupees. Construction is over 90% complete with commissioning planned for September 2019. The company is issuing initial public offerings totaling 36 crore rupees to raise additional capital and involve local communities in project ownership.
February, 2019 About the Company • Greenlife Hydropower Company established with the principal objective to generate and sell hydro-power electricity. • Company office is located at Kamalpokhari, Kathmandu.
• Company got converted into a Public Limited Company on Ashadh 9, 2071. • Company obtained the power generation license of Khanikhola-1 Hydropower Project(25MW), Dolakha on Baisakh 28, 2068 and raised to 40MW on Ashadh 10, 2071. • The First phase of project for 25MW is under construction and remaining 15MW shall be constructed in second phase. Sailent Features of Project • Name of Project: Khanikhola-1 Hydropower Project. • Name of River: Khani Khola, Hanapu Khola & Napke Khola. • Design Discharge: 5.1 cumec • Gross Head: 963 m • Weir crest elevation: 3388 amsl • Intake: Side Intake with two Orifice. • Desander: Underground with two bay. • Headrace Tunnel: 2.6*2.6 D-shaped of 1958 m length. • Surface Penstock: 1319.68 m long length. • Powerhouse: Underground with 3 unit Pelton turbine. • Turbine center line elevation: 2425.85 amsl Power and Energy
• Installed Capacity: 40MW
• Gross head: 963.0 m • Net Head: 940.00 m • Annual Energy Generation: 229.50 GWh • Annual Dry Energy: 33.53 GWh • Annual Wet Energy: 195.97 GWh • Plant Factor: 65% Financial Indicator • Total Poject Cost: NRs 639.38 crores • Per MW Cost: NRs 15.98 crores
• Authorized Share Capital: NRs 250 crores
• Current paid-up Capital: NRs 144 crores • Paid Up Share Capital after IPO issue NRs 180 crores • IPO Issue to Local People: NRs 18 crores • IPO Issue to General Public: NRs 18 crores • Current Long Term Loan–Asadh 2075: NRs 286.15 crores • Demand Loan available against IPO: NRs 36 crores Project Progress • Civil Work: - Surface Civil Works (Headworks & Surface Penstock) 90% Completed. - Underground Headworks: 60% Completed. - Headrace Tunnel: 100% Completed. - Vertical Shaft: 100% Completed. - Underground Civil (Powerhouse): 97% Completed. - Switchyard: 75% Completed. - Transmission: 60% Completed.
• Hydro-mechanical Work: 60% Completed
• Electromechanical Work: 70% Completed Project Completion • The Project will complete Before September 2019.
Return Period • Simple Payback Period: 7.49 years • Discounted Payback Period: 13.16 years
Corporate Social Responsibility
• The Company had spent 1.75 crores in Social Responsibility. • Now the Company will spend 1.50 crores in social Responsibility. Initial Public Offering (IPO) • The Company has obtained permission from the Security Board of Nepal to issue IPO Shares 10% of total share capital about NRs 18 crores to Local people.
• The Company started issuing the IPO Shares to Local People of Doakha District from 22nd Magh 2075. • Also the Company will be issuing additional IPO Shares to general public for 10% of total share capital of Company about NRs 18 crores.